Xobni gets $7m cash injection from Cisco and co

Silicon Valley startup Xobni, which develops MS Outlook plug-ins, has raised a $7m series B round of funding led by network giant Cisco.

Investors from the series A round of funding - Khosla Ventures, First Round Capital, Baseline Ventures, and Atomico - also contributed to this cash splurge.

Xobni said the latest investment was the cherry on the top of a year in which it claimed to have seen “rapid user growth and product development” at the firm.

The company was founded in 2006 and provides an Outlook add-on that analyses your inbox to help improve search and other functions. Over the past seven months it has developed Xobni from a private, invite-only beta to publicly available software, which it claims has been downloaded 1.5m times.